Latest Enterprise It News

Pilot Energy has significantly upgraded its WA-481P gas and oil prospective resources, completed a board renewal, and secured $7.4 million in capital, while progressing the acquisition of the Cliff Head Oil Joint Venture and attracting foreign investment interest in its carbon storage project.

OM Holdings Limited has reported Q1 2025 production in line with guidance, completed a significant refinancing, and highlighted ongoing operational trials amid evolving market conditions for ferrosilicon and manganese.

Cape Range Ltd’s Malaysian software arm Biztrak delivered robust 29% revenue growth in Q1 2025, driven by e-invoicing initiatives, even as a planned rights issue was cancelled due to shareholder withdrawal amid market volatility.

IODM Limited reported a solid Q3 FY25 with cash receipts up 18%, driven by strong UK Education segment growth and new revenue share agreements in North America.

DXN Limited reported a modest 2% revenue increase to $2.5 million in Q3 FY25, launched its Data Centre as a Service division with a $3.6 million initial contract, and progressed a key acquisition valued at $10 million, positioning itself for growth despite some project delays.

FirstWave’s Q3 FY25 update reveals steady contract renewals alongside tighter cash reserves, as the cybersecurity firm advances strategic partnerships and operational efficiencies.

Novonix Limited advances its synthetic graphite production with Riverside commissioning and a new Chattanooga plant site, while winning a preliminary US trade case against Chinese imports and appointing Michael O’Kronley as CEO.

Critical Minerals Group (CMG) advances its integrated vanadium flow battery strategy targeting commercial energy storage solutions by 2026, alongside key project and executive developments.

Locate Technologies Limited reported flat group revenue for Q3 FY25, with Locate2u growing 10% while Zoom2u declined 11%. The company continues to embed AI as a strategic growth and cost optimization tool.

Zoom2u Technologies reports steady group revenue with Locate2u growing 10%, supported by AI initiatives that cut staff costs and a $0.5 million capital raise.

Pointerra Limited’s Q3 FY25 results reveal delayed invoicing milestones pushed into Q4, yet strong progress across multiple sectors and promising product development underpin an optimistic cashflow outlook.

Gratifii Limited reported a record quarterly cash receipt surge of 111% year-on-year, driven by key contract wins and successful platform migration despite cyclone disruptions. The company advances its post-merger integration and eyes an $84m revenue run rate in FY26.